We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

What about inflation?

abfabally · 2025-08-01 05:38:09

Hi I do the calculations (with compound interest etc & regular payments) and plan to have £1 million saved by the time I am 55 to retire. But! This is 12 years away, so £1 million will be worth quite a bit less. If I was younger & projecting my future savings plans further into the future, the inflation would be even…

Options

Comments

DRS1 Posts: 1,237 Forumite

1 August at 10:36PM

HedgehogRulez said:

Yes, assuming growth = inflation maybe seen as pessimistic, but I’d rather have more money than run out of money for my 30 year (read that as dying in my 50s…) retirement.

What? You are going to retire at 25? What are you - a professional football player?

0

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

British Airways passenger? Book and travel using your old Covid vouchers NOW – or lose them
If you had a British Airways (BA) flight or holiday disrupted by the Covid-19 pandemic, check if you've got an old voucher as millions of pounds' worth are still unclaimed. You'll need to use it to travel before the end of September 2025 – or risk losing it. Below we explain how to search for unused vouchers and how to use them.

View All

What about inflation?

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free